On the occasion of capital account liberalization in developing countries it has been ascertained the appearance of short-term and long-term effects on prices and production in the country. The short-term effects are shown in faster growth of local goods prices in relation to foreign-trade...

The Adriatic as the European internal sea which penetrates most deeply toward the centre of the European continent has one of the strategic roles in the processes of the European integration. Through decline of the European ideological and political distribution, the shift of the European...